diff --git a/contracts/package.json b/contracts/package.json
index 0592d6a2d..e50a5eb2f 100644
--- a/contracts/package.json
+++ b/contracts/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@openzeppelin/contracts",
-  "version": "3.1.0",
+  "version": "3.2.0-rc.0",
   "description": "Secure Smart Contract library for Solidity",
   "files": [
     "**/*.sol",
diff --git a/package-lock.json b/package-lock.json
index 7def0c566..a9c4f9454 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,6 +1,6 @@
 {
   "name": "openzeppelin-solidity",
-  "version": "3.1.0",
+  "version": "3.2.0-rc.0",
   "lockfileVersion": 1,
   "requires": true,
   "dependencies": {
diff --git a/package.json b/package.json
index 03981ff5e..24743980e 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "openzeppelin-solidity",
-  "version": "3.1.0",
+  "version": "3.2.0-rc.0",
   "description": "Secure Smart Contract library for Solidity",
   "files": [
     "/contracts/**/*.sol",